What is certification phase in SAP PSM-EC - Expenditure Certification?

SAP Term: certification phase

• Component: PSM-EC

• Component Name: Expenditure Certification

• Description: One part of a certification procedure, specified during a certification run. A certification procedure consists of one phase or a sequence of phases. Each phase defines the selection and calculation logic of a certification run. In the run parameters, the phase must be specified.

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• Key Concepts: 
  The certification phase in SAP PSM-EC Expenditure Certification is the process of verifying that all expenses have been properly authorized and recorded. This phase is typically completed by a designated certifier, such as a manager or supervisor, who reviews the expenses and approves them for payment. The certifier must ensure that all expenses are valid and in compliance with company policies and procedures. 
  
  How to use it: 
  The certification phase begins when the expense report is submitted to the certifier. The certifier will review the report and any supporting documentation to ensure that all expenses are valid and in compliance with company policies and procedures. Once the certifier has approved the expenses, they will be sent to the accounts payable department for payment. 
  
  Tips & Tricks: 
  It is important for certifiers to be familiar with company policies and procedures related to expense reporting. Certifiers should also be aware of any changes or updates to these policies and procedures. Additionally, certifiers should take their time when reviewing expense reports to ensure accuracy and compliance. 
  
  Related Information: 
  For more information on SAP PSM-EC Expenditure Certification, please refer to the SAP Help Portal or contact your local SAP representative.